OREANDA-NEWS. Suncor Energy announced today that it has priced an offering of USD 750 million in aggregate principal amount of senior unsecured notes due on December 1, 2024 (the "2024 Notes"). The 2024 Notes will have a coupon of 3.60%. The offering is expected to close on November 25, 2014, subject to customary closing conditions.

Suncor Energy intends to use the net proceeds from the sale of the 2024 Notes to replenish cash balances following the recent repayment of outstanding indebtedness. Such net proceeds will subsequently be used to fund Suncor Energy's capital program and for general corporate purposes.

The offering is being made pursuant to an effective shelf registration statement in the United States. Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., HSBC Securities (USA) Inc., BNP Paribas Securities Corp. and RBS Securities Inc. are acting as joint book running managers for the offering.

A copy of the prospectus supplement and the accompanying prospectus for the offering may be obtained by contacting Morgan Stanley & Co. LLC by telephone at 1-866-718-1649 (toll free); Citigroup Global Markets Inc. by telephone at 1-800-831-9146 (toll free); HSBC Securities (USA) Inc. by telephone at 1-866-811-8049 (toll free); BNP Paribas Securities Corp. by telephone at 1-800-854-5674 (toll free) and RBS Securities Inc. by telephone at 1-866-884-2071 (toll free).

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.